Services: Audit & Assurance
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An Asset Sale can be to your Company’s Advantage
Even if your company offers strong growth potential, a business buyer may actually be more interested in something more tangible. For some buyers, an…
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How do Your Accounting Estimates Measure Up?
Today’s businesses face unprecedented uncertainty – from geopolitical risks and cyberthreats to tax and regulatory reforms. So, management’s historical means of addressing uncertainty in…
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Introducing Our Film Tax Credits Practice
My name is Alex Semerano and I am a Partner at Pease & Associates, CPAs located in Cleveland, OH, where I have spent several…
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Strong Internal Controls Help Reduce Restatements
A recent study has found that fewer public companies are reissuing financial statements due to errors or omissions, in large part due to stronger…
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Ready for the new not-for-profit accounting standard?
A new accounting standard goes into effect starting in 2018 for churches, charities and other not-for-profit entities. Here’s a summary of the major changes.…
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How Effectively do you Manage Risk?
Businesses can’t eliminate risk, but they can manage it to maximize the entity’s economic return. A new framework aims to help business owners and…
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Hedging Strategies for Your Business
The Financial Accounting Standards Board (FASB) recently issued some targeted improvements to its guidance that could encourage more companies to engage in hedging arrangements…
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Reasons to Outsource Payroll and Obtain a Service Audit Report
With Labor Day starting out this week, it’s a good time to focus on how your business pays employees. Payroll reporting doesn’t have to…
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Supplement your Financial Statements with Timely Flash Reports
Most companies prepare financial statements on a monthly or quarterly basis. Unfortunately, it usually takes between two and six weeks for management to finalize…
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Credit loss standard: The new CECL model
A new accounting standard on credit losses goes into effect in 2020 for public companies and 2021 for private ones. It will result in…